Force Sensor Market (By Type: Tension Force, Compression Force, Both; By Application: Industry: Oil & Gas, Automotive, Medical, Industrial, Aerospace & Defense) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction

The force sensors are the sensors that are used to measure the force between the two surfaces. These sensors are majorly used for converting the applied pressure into the equivalent value of electric current. Force sensors can be easily integrated into force measurement application as it is ultra-thin sensors. Force sensors are known to be force sensing sensor, when the external pressure, force or mechanical stress is applied the resistance fluctuates. The force sensors are extensively used in many applications across various industries including Medical and Pharmaceutical, robotics, manufacturing, automotive and many others. The force sensors are used in various industrial applications particularly in the process industries and manufacturing industries. It is utilized in traffic engineering such as process monitoring, medical science, rail monitoring, process control, and biomechanics and also used for testing purposes.

Market Dynamics

Increasing adoption and application of force sensors in the construction, industrial and manufacturing are the factors boosting the growth of the force sensor market. Additionally, rising demand for force sensors in the medical and robotics sensors is the factor flourishing the market growth. Furthermore, low manufacturing cost, high reliability, and accuracy are the factors driving the market during the forecast period. Moreover, the factor curbing the market growth is due to rigid in construction. However, ongoing development and innovation in the sensor technology are the opportunity to fuel the market growth during the forecast period.

Segment Outlook

Force Sensor market is segmented into types such as tension force, compression force, and both. In this market tension force and compression force are expected to hold the largest market share during the forecast period. Transducers are present in this sensor to measure tension and compression forces. Furthermore, if the application is to measure small forces they are used in the miniature design. These are mainly three types - load cells with internal or external threads, flat-sized force transducers, and S-type force sensors. Typical applications for these sensor types are for material testing machines, rope or elastic force measurement, and others.

The market research study on “Force Sensor Market (Type: Tension Force, Compression Force, Both; End-Use Industry: Oil & Gas, Automotive, Medical, Industrial, Aerospace & Defense) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026”, offers a detailed insights on the global force sensor market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. Information about porter's five forces analysis is also covered under the report scope. The report provides insights on global force senor market, its type, application, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global force sensor market size and volume, and segment markets by type, application, and geography along with the information on companies operating in the market. The force sensor market analysis is provided for major regional markets including North America, Europe, China, Southeast Asia, Japan and India followed by major countries. For each region, the market size and volume for different segments has been covered under the scope of report. Asia Pacific is projected to dominate the global force sensor market, held largest share in the region. China, Taiwan, South Korea, Japan, India are the leading countries in this region this is due to rapid development in the manufacturing and industrial sector. Furthermore, the US and Canada are leading countries in North America which is expected to have an extensive growth region. However, the rapid growth in manufacturing infrastructure in the region is expected to spur the force sensor over the upcoming period. The players profiled in the report include Kistler Group, Dytran Instruments, Inc., Flintec Group AB, HITEC Sensor Developments, Inc., FUTEK Advanced Sensor Technology, Inc., Honeywell International Inc., Tekscan, Inc., Sherborne Sensors Ltd., TE Connectivity Ltd., Lorenz Messtechnik GmbH, ME-Meßsysteme GmbH, and among others.

Market Segmentation

Market By Type

• Tension Force
• Compression Force
• Both

Market By Application

• Industry: Oil & Gas
• Automotive
• Medical
• Industrial
• Aerospace & Defense

Market By Geography

• North America
• Europe
• China
• Southeast Asia
• Japan
• India